"The WGAE is deeply disappointed by ABC's announcement that both All My Children and One Life to Live will cease production," the guild says in a statement to The Hollywood Reporter.

"These groundbreaking shows have provided entertainment and enlightenment to millions of viewers, and have provided good employment to dozens of talented, dedicated writers. We urge the company to reconsider."

ABC plans to launch younger-skewing, lifestyle-oriented series, The Chew and The Revolution in their place.

The American Federation of Television and Radio Artists also called the end of the shows a "devastating loss for thousands of AFTRA members, union crew members and production staff in Los Angeles and New York" in a statement.

"The AFTRA actors – past and present – of these two ground-breaking serial dramas have entertained generations of viewers around the globe for more than 40 years with stellar performances and dedication to their craft.

“AFTRA representatives are communicating with affected members in both cities to ensure they are fully informed of their rights and benefits under the AFTRA Network Television Code. Additionally, AFTRA is in contact with ABC representatives to oversee as smooth a transition as possible for these performers.

“It is no secret that serial dramas, once a prolific source of employment and benefits for television actors, have been challenged by the new economics of television. It is, therefore, critically important that AFTRA members stand united to strengthen existing contracts and to organize new increased work opportunities in new and evolving media industries."